SWR milestone record

[slsdly]

I've since upped my estimates a lot, as I am aiming for being able to live alone in my current city ($$$) and higher spending on interests, so my SWR % has sadly risen. But on the original target which is still doable, I'm sitting pretty at 2.25%. I think I might be suffering from OMY (OMD?), but then again, I still enjoy my current job a lot . I will probably die with a mountain of unspent money.

[2Birds1Stone]

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%

5/1/2018 - 5.78%

[2Birds1Stone]

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%

6/1/2018 - 5.4%

[TheFIminator]

Since I last wrote, I have spent months in spreadsheets trying to magically work out how to get to FIRE sooner than the 2-3 years that I was hoping to initially. I created about 10 different complicated spreadsheets with formulas, auto colours & flashing bells. Even then, I did not have a clear solution that would propel me on the FIRE path.
Then I reluctantly engaged an expert to work through the options and within the first hour, he pointed out the most obvious opportunity for me to realign my investments to get maximum passive income, as I was getting less than 0.05% at the time.

So now I am at basic FIRE level, I can pay for the bare basics through the passive income. The next step I am working on is getting to a point where all expenses are paid for & then I plan to stop my consulting work as that is a 50 hour a week commitment at the moment!

[prognastat]

Today 14.9%. Hoping to bring that down some by lowering spending.

[2Birds1Stone]

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%

7/1/2018 - 5.34%

[Gilberto de Piento]

7/1/2014 - 27.9%
7/1/2015 - 18.0%
7/1/2016 - 14.6%
7/1/2017 - 11.5%
7/1/2018 - 7.9%

[herp]

I haven't tallied up actual expenses for the past year, but I'd like to have more spending when I become FI, so my SWR isn't based on actual expenses, but desired spending level.

Currently that sits at 18.75% and it came down below 20% earlier this year.

[2Birds1Stone]

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%

8/1/2018 - 4.72%

[Fernweh]

1/1/2015 - 7.27%
1/1/2016 - 6.79%
1/1/2017 - 5.61%
1/1/2018 - 4.33%

8/1/2018 - 3.93%

[Hristo Botev]

2010: Six figures in debt (mostly student loans)
1/31/2016 (started tracking): 62.04% (155.52% excluding home equity and kids' 529 accounts)
2016 (avg mo. 2016 expenses*12/end of year NW #s): 43.34% (85.09%)
2017 (avg mo. 2017 expenses*12/end of year NW #s): 39.07% (76.29%)
7/31/2018 (July expenses*12/July NW #s): 26.07% (44.85%)

[2Birds1Stone]

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%

10/1/2018 - 4.51

[wolf]

3,8% (based on ultra low expenses of the last 12 months plus health insurance I'd have to pay if I RE, but without any margin of safety) Nevertheless

[prognastat]

@Wolf

Congrats, what is your goal? You must be getting pretty close.

[wolf]

my goal: <3% with a margin of safety of 100% (I would answer you today, but things could change. You never know)

[Bankai]

@wolf - are you saying <1.5% then? What are you factoring in? Supporting more humans or just spending way more? Good job reaching 4%!

[2Birds1Stone]

Congrats Wolf! Do you find it get's easier for the WR% to drop once you got to 4%?

[Gilberto de Piento]

Do you find it get's easier for the WR% to drop once you got to 4%?

I'm not sure I understood all of it but there was a discussion about the relative difficulty of changes in WR at different points at viewtopic.php?t=8112

[2Birds1Stone]

1/1/2011 - 120%
1/1/2012 - 80.0%
1/1/2013 - 58.5%
1/1/2014 - 36.7%
1/1/2015 - 20.7%
1/1/2016 - 14.4%
1/1/2017 - 8.8%
1/1/2018 - 6.4%

11/1/2018 - 4.46%

[OTCW]

1.6%